By Adam Thomas, with additional contributions from Jérôme Segura, Vasilios Hioueras and S!Ri Since at least late December 2018, many users of the popular Electrum Bitcoin wallet have fallen victim to a series of phishing attacks, which we estimate netted crooks well over 771 Bitcoins—an amount equivalent to approximately $4 million USD at current exchange rates. Threat actors were able to trick users into downloading a malicious version of the wallet by exploiting a weakness in the Electrum software.

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